Buying bitcoins with card
- Thread starter copcvcj
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- #crytocurrency bitcoins
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tommyboy34
BANNED
- Sep 7, 2014
- 52
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Coinbase or Coinmama
CryptoKujira
Power Member
- Dec 27, 2018
- 501
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Anywhere, fees are going to be outrageous. I've yet to see any reasonable fee for buying BTC on cc. Def look at coinbase, although I know they too have steep fees. Also make sure your CC allows. Many CC banks won't allow you to purchase crypto on Coinbase and other sites.
- Mar 21, 2013
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Only reason to buy using CC is if you believe it'll gain tons of value. If your crypto gains $$$ your fees will be irrelevant.
Meerkatt
Junior Member
- Feb 19, 2019
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He just said "card", not CC (credit card). Besides, he might want to buy BTC to trade alts. And even if you buy Bitcoin with a credit card, it doesn't mean you can't afford to pay off the credit card whenever you want. I use my credit card regularly and always pay it off in time to increase my credit score.
- Mar 21, 2013
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OK just out of curiosity, what does card mean if not a credit one? Is there some other kind of card I'm missing here?
Meerkatt
Junior Member
- Feb 19, 2019
- 151
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Debit card. I assumed by the way that you wrote your message that you were advising against using credit (credit card) to purchase.
bestspinner
Power Member
- Apr 23, 2019
- 522
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if you have perfectmoney or skrill you can buy crypto here changer.com
Rezar
Newbie
- May 20, 2019
- 15
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Paxful ? maybe
- Mar 21, 2013
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My point was that you only buy using a credit card if in the end you're able to offset the fees through trading or crypto valuation.
If you're buying crypto to pay for something and not invest, then buying using a card is not a good idea.
shiboshy
Elite Member
- Dec 17, 2011
- 4,607
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Any idea if coinbase accepts Bank Of America Cash Rewards Credit Cards?
Coinbase is the number one site for buying bitcoins with your card.
No they dont take credit cards anymore but just use your credit card and send money to your friend and then have him send it back as cash. then send money to coinbase and you should be able to use the cash and convert it into crypto without any problems.
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Technabyte
Power Member
- May 31, 2019
- 758
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Coinbase offers card payments for buying Cryptocurrency. Their verification process is almost instant (like 5 minutes) but you have a weekly limit for card purchases. Initially, its quick small but once your account gets older and you make some purchases, the limit will increase. Generally, purchasing Crypto with card has high fees. Coinbase charge like 4% for card purchases. Bank transfers are cheaper if that option is available to you. Coinbase also allow bank transfer deposits.
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